Is it true that almost 80% of gaps will be filled?

EURUSD

You sound like a long term player. Good for you. I'm an intra day trader and I see it going down first (whatever happens to the bailout) before emerging long and strong.

EURUSD

Then you should buy the Euro in droves!! Continue buying

EURUSD

The EUR price action whenever the deal was "finalized" over the past two days should have given you some indication of how the markets will act.

EURUSD

You are correct, it definitely is a gamble. I'm a little chicken about weekends so I'll probably not go through with that bold move

EURUSD

Bailout becomes official = stronger dollar (or weaker Euro)

EURUSD

I know...I know...which way. which way lol

EURUSD

I'm thinking of leaving a small (1 mini lot) position short open over the weekend, incase the bailout becomes official....

EURUSD

I've noticed that. This also applies to support points. They are often tested more than once.

EURUSD

This makes sense. Thanks everyone!

EURUSD

My chart is actually an hourly chart. I use it to see the broad trend lines. the 5 minute confuses the heck out of me!

EURUSD

Magictrader, pls see my question to psiholog above---how did you arrive at this channel? Thanks in advance, just trying to learn

EURUSD

Psiholog, can you help me understand how you arrived at this 5 minute channel? I am following the attached channel and was waiting for it go go lower...

EURUSD

OK, I'm confused now. We are obviously still in the channel so more downside now than upside unless we break 4650?

EURUSD

Everything is manipulation, didn't you know?

EURUSD

[quote=acumen;2244219]We've got stops built up below .4520. Bulls will protect those... it won't last through next week but it may hold today. Acumen, there is also some talk of the Fed cutting rates. Fed Futures have priced in a rate cut.

EURUSD

Me too. The way I look at it, last night we had news of a possible failed bailout. Yet this pair made a new weekly low to 4555.

EURUSD

Hey do you think we could retest EU 4555 again or do you see bullish correction first? The fact that it could not break 4670 last night is bearish IMO

Extraordinary trading style by 5ysfx

That's because everything was manipulated prior to the data-- all thisbullish EUR action was pure manipulation.

EURUSD

Up 2.8% Bullish Dollar. 45 here we come

EURUSD